New Wave Holdings Corp Announces $385,000 Private Placement
May 21, 2025 — New Wave Holdings Corp, a company specializing in the acquisition, exploration, and development of precious and base metal properties in Canada and the United States, has announced a significant financial development. The company, listed on the Canadian National Stock Exchange, has arranged a $385,000 private placement through a non-brokered offering.
The private placement, referred to as the LIFE Offering, involves the issuance of 7,000,000 units at $0.055 per unit. Each unit comprises one common share and one transferrable common share purchase warrant. The warrants allow holders to purchase an additional share at $0.07 per share within a 24-month period, with the condition that they cannot be exercised until 75 days after the closing date of the offering.
This strategic move is aimed at bolstering the company’s financial position as it continues its operations in the metals and mining sector, focusing on nickel, copper, cobalt, platinum, palladium, gold, zinc, and silver ores. The company, headquartered in Vancouver, Canada, has a market capitalization of 502,120 CAD and a close price of 0.06 CAD as of May 15, 2025.
The private placement is conducted under the Listed Issuer Financing Exemption, a regulatory framework that facilitates such transactions. This development is part of New Wave Holdings Corp’s ongoing efforts to enhance its exploration and development capabilities in its target regions.
It is important to note that this announcement is not intended for dissemination in the United States or through U.S. news wire services. The company’s recent financial activities reflect its proactive approach to securing capital for future growth and exploration projects.
As of the latest financial data, New Wave Holdings Corp has experienced fluctuations in its stock price, with a 52-week high of 0.2 CAD on January 27, 2025, and a low of 0.025 CAD on October 10, 2024. The company’s price-to-earnings ratio stands at -0.1404, indicating its current financial performance metrics.
This private placement is a critical step for New Wave Holdings Corp as it seeks to expand its operations and capitalize on opportunities within the metals and mining industry.